Retrospective Premium Arrangement

An insurance arrangement where, the insurance company's margin / cut is waived from the premium but the insurance company still maintains the right to 'call' the margin up to a certain percentage, depending on the insured's claim experience.

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About

ERI Economic Research Institute was founded over 25 years ago to provide compensation applications for private and public organizations. Subscribers include corporate compensation, relocation, human resources, and other professionals, as well as independent consultants and counselors, and US and Canadian public sector administrators (including military, law enforcement, city/county, state/provincial, and federal government pay administrators).

ERI Economic Research Institute compiles the most robust salary, cost-of-living, and executive compensation survey data available, with current market data for more than 1,000 industry sectors. The majority of the Fortune 500 and thousands of other small and medium sized organizations rely on ERI data and analytics for compensation and salary planning, expert witness testimony, relocations, disability determinations, board presentations, and setting branch office salary structures in the United States, Canada, and worldwide.